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Vlaječky na autě

SAO President at a meeting with Ambassadors: The EU’s concept of sustainability is at odds with rising debt

“In the European Union’s economy, we have ceased to respect economic principles. Sustainability, as the EU conceives it, is at odds with rising debt. We are taking on more and more debt, thereby depleting the resources of future generations.” This was stated by Miloslav Kala, President of the Supreme Audit Office (SAO), on Wednesday, 22 April 2026, at the now-traditional meeting with EU Ambassadors.

Budova ČEZ

State equity interests are not managed in accordance with the rules set out by the government itself. Seven of the 21 measures have remained solely on paper.

Ministries are not managing their equity interests in commercial companies in accordance with the State Ownership Policy Strategy. The government approved this Strategy in 2020 in response to an earlier audit by the Supreme Audit Office (SAO) from 2015, with the aim of ensuring transparent and effective exercise of ownership rights.